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Debt-free Implats generates R15bn free cash, declares dividend, advances projects
1st March 2022 By: Martin Creamer

Platinum group metals (PGM) mining and marketing company Impala Platinum Holdings (Implats) on Tuesday delivered robust earnings and free cash flow generation for its half year ended December 31,... 


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Harmony Gold's profit plunges, interim dividend declared
28th February 2022 By: Martin Creamer

The net profit of gold mining company Harmony Gold plunged 69% to R1.4-billion from R4.6-billion in the six months to December 31, and an interim dividend has been declared out of income reserves.... 


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Great to see such healthy demand for this great industry – De Beers
24th February 2022 By: Martin Creamer

It's great to see such a healthy demand for this great industry, De Beers Group CFO Sarah Kuijlaars said after posting a set of stunning financial results for the world’s leading diamond company by... 


Creamer Media screenshot taken during presenttion of financial results.
Platinum group metals may also play role in batteries – Anglo American Platinum
23rd February 2022 By: Martin Creamer

The unique properties of platinum group metals (PGMs) may also play a role in batteries, says Anglo American Platinum (Amplats) CEO Natascha Viljoen. Speaking to Mining Weekly in a Zoom interview,... 


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Kumba shares R89bn of value created in 2021 with stakeholders
22nd February 2022 By: Martin Creamer

South Africa’s biggest iron-ore producers and marketer, Kumba Iron Ore, has shared R89-billion of the value it created in 2021 with its stakeholders, with more than R21-billion going to the... 


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Cash-flush Kumba Iron Ore reports record earnings in exceptional year of delivery
22nd February 2022 By: Martin Creamer

Iron-ore mining and marketing company Kumba Iron Ore delivered record earnings of R64.6-billion in 2021, when it accumulated 47%-higher attributable free cash flow of R30.5 billion. The average... 


St Barbara withdraws guidance as Covid rages
18th February 2022 By: Esmarie Iannucci

Gold producer St Barbara on Friday withdrew its production guidance for 2022, as a Covid-19 outbreak at its Simberi operations, in Papua New Guinea (PNG), resulted in production difficulties. The... 


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South32 reports stellar first half, advances work at Hermosa
17th February 2022 By: Esmarie Iannucci

Diversified miner South32 has reported a 1 847% increase in profits after tax for the half-year ended December, along with record operating margins. Profits after tax for the first half of 2022... 


President Cyril Ramaphosa
Red tape delaying R90bn investment in ready-to-go projects – Minerals Council
14th February 2022 By: Martin Creamer

Red tape is delaying investment worth R90-billion in ready-to-go mining-related projects, at a time when the South African economy is in desperate need of such projects proceeding, to create jobs... 


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Foreseen renewables demand providing opportunity for job creation, just energy transition
10th February 2022 By: Martin Creamer

Demand already foreseen is providing South Africa with the far-reaching and very welcome opportunity to create sufficient new jobs – “and then some” – to ensure a just energy transition away from... 


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Anglo starts up new metallurgical coal mine
9th February 2022 By: Martin Creamer

Diversified mining company Anglo American announced on Wednesday that its new Aquila mine has achieved its first longwall shear of steelmaking metallurgical coal on schedule and on budget, marking... 


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Australian resource exports rise in 2021 - ABS
4th February 2022 By: Esmarie Iannucci

New data from the Australian Bureau of Statistics (ABS) has shown that Australia’s resources and energy exports in 2021 were up almost one-third on the previous year. The ABS’ International... 


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Glencore reports 43% higher ferrochrome production
2nd February 2022 By: Martin Creamer

Diversified mining and marketing company Glencore on Wednesday reported 43% higher ferrochrome production in its full year 2021 production report.   


Chilean Senate commission approves adjusted mining royalty bill
28th January 2022 By: Reuters

Chile's Senate on Thursday pushed forward an amended version of the country's mining royalty bill, which would raise tariffs on firms operating in the world's top copper producing nation despite... 


Aus volunteers for European energy supply
28th January 2022 By: Esmarie Iannucci

Australian Resources Minister Keith Pitt has volunteered Australia’s supply of liquefied natural gas (LNG) to struggling European nations. In a press conference this week, Pitt said that Australia... 


South32 warns of global Covid impacts
24th January 2022 By: Esmarie Iannucci

Despite a strong December quarter, diversified miner South32 on Monday warned shareholders that labour shortages and freight bottlenecks would impact global operations this year. “We achieved a... 


Amec calls for changes to WA border policy
21st January 2022 By: Esmarie Iannucci

The Association of Mining and Exploration Companies (Amec) has called on the Western Australian government to develop a plan for reopening the state’s hard borders, after Premier Mark McGowan... 


WA miners welcome visa incentives
19th January 2022 By: Esmarie Iannucci

The Chamber of Minerals and Energy of Western Australia (CME) has welcomed a decision by the federal government to refund the visa application charges for fully vaccinated student and working... 


BHP CEO Mike Henry
BHP adjusts copper and coal expectations
19th January 2022 By: Esmarie Iannucci

Diversified major BHP has adjusted its full year outlook for metallurgical coal and copper productions as tough conditions continued. The miner on Wednesday reported that full year copper... 


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Rio reports tough end to the year
18th January 2022 By: Esmarie Iannucci

Diversified major Rio Tinto has seen a drop in production across all of its commodities for the full year ending December, and in the last quarter of the year, compared with the previous... 


Thalanga hit by tough quarter
14th January 2022 By: Esmarie Iannucci

ASX-listed Red River Resources has reported lower production from its Thalanga operation in Queensland, during the three months to December. The miner on Friday reported that zinc concentrate... 


Covid hits New Elk
12th January 2022 By: Esmarie Iannucci

Coal miner Allegiance Coal has reported a number of Covid-19 cases at its New Elk mine, in Colorado. The ASX-listed company said that the mine had experienced a rapid number of Covid cases due to... 


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Working on options to secure green energy for Hillside Aluminium ­– South32
7th January 2022 By: Martin Creamer

Diversified mining company South32 is working on options to secure green electricity at Hillside Aluminium smelter in South Africa’s Kwazulu-Natal (KZN) province. If South32 is unable to secure an... 


Australian exports flourish as project pipeline grows
4th January 2022 By: Esmarie Iannucci

Australia’s resource and energy export earnings are forecast to reach A$379-billion in 2021–22 as demand for coal and gas surges in the face of a global energy shortage, the December edition of the... 


London copper falls on fears of Sino-US tensions, China inventory glut
3rd December 2021 By: Reuters

London copper eased on Friday, hit by Asian stock markets turning risk averse on concerns over Sino-US ties after ride-hailing giant Didi announced delisting in New York and signs of rising... 


Australian exports surge despite Covid
3rd December 2021 By: Esmarie Iannucci

Despite a challenging 12 months, Australia’s resources and energy exports continue to surge, according to the latest trade data from the Australian Bureau of Statistics (ABS). Minister for... 


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Nedlac to hold emergency meetings on vaccine mandates, access restrictions for unvaccinated
29th November 2021 By: Terence Creamer

The social partners participating in the National Economic Development and Labour Council (Nedlac) will hold emergency meetings this week about the institution of workplace vaccine mandates and the... 


Short wall mining
Limpopo Health MEC warns of fourth wave as Exxaro Mine records 57 Covid-19 cases in just four days
25th November 2021 By: News24Wire

Limpopo Health MEC Phophi Ramathuba says she is alarmed by the Covid-19 cluster outbreak at Exxaro Mine in Lephalale, where 57 new cases were recorded within four days this week. Of the 57 cases,... 


Covid-19 vaccination
More than 300 000 mining sector employees, contractors vaccinated
24th November 2021 By: Simone Liedtke

South Africa’s mining industry has surpassed the 300 000 milestone for fully and partially vaccinated employees and contractors. As the year draws to a close, the Minerals Council South Africa has... 


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Quality ounces hoisting Harmony into new gold stratosphere
11th November 2021 By: Martin Creamer

Harmony Gold, which was a bottom-feeding gold mining company, has been hoisted into a new stratosphere of value and volume by the quality ounces it has acquired. Johannesburg- and New York-listed... 


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South Deep is Gold Fields’ star performer
11th November 2021 By: Martin Creamer

Mechanised underground Gauteng gold mine South Deep has been hailed by a solidly performing Gold Fields as its star in the three months to September 30. Gold Fields CEO Chris Griffith singled out... 


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AngloGold keeping close watch on inflation
8th November 2021 By: Martin Creamer

Gold mining company AngloGold Ashanti is keeping a close watch on inflation from which its stocking strategies provided delayed impact in the three months to the end of September, CFO Christine... 


Eskom CEO Andrè de Ruyter
$8.5bn climate package an ‘important first step’ in South Africa’s just transition
3rd November 2021 By: Terence Creamer

Eskom CEO Andrè de Ruyter describes the $8.5-billion (R131-billion) financing package announced at COP26 as “an important first step” in light of the fact that South Africa’s energy transition is... 


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